Overview
We are seeking an experienced and qualified Finance Director to join our leading AI company, FutureLook. The ideal candidate will lead all financial and accounting aspects of the company, ensuring compliance with international accounting standards and Saudi financial regulations. This role requires deep expertise in financial planning, analysis, and risk management, along with the ability to support strategic decision-making through accurate and comprehensive financial analysis in a fast-growing technology environment.
Key Responsibilities
Accounting and Financial Reporting
45% of time
- Oversee all daily accounting operations ensuring accuracy and integrity of financial data
- Review and verify the accuracy of all accounting entries and financial transactions
- Manage accounts receivable and payable ensuring timely collection and payments
- Prepare monthly, quarterly, and annual bank and accounting reconciliations
- Prepare monthly, quarterly, and annual financial statements in accordance with International Financial Reporting Standards (IFRS)
- Prepare detailed financial performance reports for senior management and board of directors
- Prepare cash flow reports and short-term and long-term financial forecasts
- Ensure compliance with accounting standards and continuous internal audit
Financial Planning and Analysis
35% of time
Prepare annual and quarterly budgets in collaboration with all departmentsDevelop advanced financial forecasting models to support strategic planningAnalyze financial variances and develop corrective plans and recommendationsConduct profitability analysis of products and services and identify cost centersAnalyze operating costs and identify savings and improvement opportunitiesPrepare investment analysis and return on investment (ROI) for new projectsMonitor and analyze key financial performance indicators (KPIs) and prepare executive reportsSupport strategic planning process with financial analysis and recommendationsCompliance and Risk Management
20% of time
Ensure full compliance with Saudi Zakat and tax regulationsPrepare and submit tax and Zakat returns within specified deadlinesDeal with regulatory and tax authorities and respond to their inquiriesManage external and internal audit processes ensuring full cooperationIdentify and assess financial risks and develop mitigation strategiesEstablish and implement financial and operational risk management policiesMonitor liquidity and cash flow and manage banking relationshipsManage insurance and guarantees and assess required insurance coverageRequired Qualifications
Education and Certifications
Bachelor's degree in Accounting, Finance, or Business Administration from a recognized universityProfessional certification : CPA, CMA, ACCA, or equivalent (strongly preferred)Master's degree in Accounting, Finance, or Business Administration (preferred)Specialized certifications in risk management or financial analysis (preferred)Professional Experience
6-9 years of progressive experience in accounting and finance with proven track recordMinimum 3 years of experience in a managerial or supervisory role in financeProven experience in technology companies, startups, or fast-growing organizations (preferred)Practical experience dealing with Saudi regulatory authorities (Zakat and Income, Social Insurance)Experience in preparing financial statements according to International Financial Reporting Standards (IFRS)Technical Skills
Proficiency in advanced accounting systems (SAP, Oracle, NetSuite, or equivalent)Advanced proficiency in Microsoft Excel with ability to build complex financial modelsDeep knowledge of International Financial Reporting Standards (IFRS) and local standardsComprehensive understanding of Saudi Zakat and tax systems and their applicationsExperience with financial analysis and reporting tools (Power BI, Tableau preferred)Knowledge of risk management systems and advanced financial analysis toolsPersonal and Leadership Skills
Exceptional accuracy and meticulous attention to detail with ability to detect errorsStrong analytical skills and ability to solve complex problemsExcellent communication skills in both Arabic and English (written and verbal)Ability to work under pressure and meet strict deadlinesHigh integrity and uncompromising professional ethicsLeadership skills with ability to manage and develop finance teamsNice to Have
Experience in financial analysis for technology companies and digital business modelsKnowledge of advanced financial planning tools (Hyperion, Anaplan)Experience in investor relations management and investment reportingProject management certifications (PMP) or Six SigmaExperience in internal audit and developing internal control systemsKnowledge of latest Financial Technology (FinTech) trends and digital transformationKey Performance Indicators
Accuracy and Quality of Reports
Prepare financial reports on schedule : 100%Accuracy of financial reports : Free from material errorsMonthly account closure within 3 business days : 95%Senior management satisfaction with report quality : 4.5 / 5 or higherCompliance and Risk
Submit tax and Zakat returns on time : 100%No tax or regulatory violations : Zero violationsPass external audits without material observations : 100%Update risk management policies : Annual comprehensive reviewAnalysis and Planning
Accuracy of financial forecasts : Deviation less than 3% from actualIdentify cost savings opportunities : 5% of total expenses annuallySupport strategic decisions : Provide required analysis within 48 hoursImprove financial processes : Reduce reporting time by 15% annuallyJob function : Finance
Industries : IT Services and IT Consulting
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